Whangamata Multi Tenanted Retail Investment


701 Port Road, Whangamata

By Negotiation

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Whangamata Multi Tenanted Retail Investment | 701 Port Road, Whangamata | 2840905 |      X Close
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Whangamata Multi Tenanted Retail Investment


An excellent opportunity to purchase a mixed use premises located within at one of New Zealand hottest holiday spots, Whangamata. A great spread of tenancies, consisting of a cafe, two takeaway food outlets, a travel broker, fashion retailer, hairdresser and accountancy firm. The site, well known to locals and holiday makers alike, is located prominently on a corner of Port Road and Casement Road. Rarely does a property of this profile come to the marker on the CBD's arterial route.

- High profile investment in popular holiday town

- Great performer in tightly held coastal centre

- Seven separate tenancies

- Returning $83,899.76

- Seldom available for sale in CBD

The property is well presented providing tidy quality space. There is good on-site tenant parking on a sealed yard. The building has had additional shops added to it over the years.

Property details

Land Area: 809m2 more or less

Building area: 396m2 more or less

Tenancy details

The property is leased to seven separate tenancies with various terms of two to four years on various rights of renewal. The net income is $83,899.76. Full tenancy details are available upon request.

Now to market, after continuous ownership since 1998, it is now time for a lucky investor to take over this cherished investment. Call today for full details. This property is seriously on the market

Mathew Gibbard

Tauranga

Licensed under the REA Act 2008

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Mathew Gibbard

Tauranga

Licensed under the REA Act 2008

View profile